Answer:
Explanation:
The original selling price of the pair of socks is $8. The pair of socks is on sale for 15%. The new selling price of the pair of socks would be the original price - 15% off the original price. It becomes
8 - (15/100 × 8) = 8 - 0.15×8 = 8 - 1.2 = $6.8
if the sales tax rate is 8%, it means that the total cost of the socks would be the new selling price + 8% of the new selling price. It becomes
Total cost of the pair of socks
= 6.8 + (8/100×6.8) = 6.8 + 0.08×6.8 = 6.8 + 0.544 = $7.344